Fractional Ownership News

Resort Equities sees Tahoe fractional sales flurry

Fractional ownership specialist Resort Equities sold five fractional interests in two weeks recently at its Village at Northstar, Lake Tahoe, properties. The company shifted three interests in Catamount Penthouse and two in Iron Horse Penthouse. "Buyers recognize a few amazing deals still exist but know they are disappearing soon," said Resort Equities partner, Greg Traxler. "In fact, with our recent sellouts, some prices have increased and we have just two residences left with closeout pricing offers.”

In preparation for expansion into new projects, Resort Equities is offering special, end-of-summer pricing on the remaining fractions at Catamount Terrace and Graystone Lodge. Available until the end of September, closeout pricing on these interests are discounted up to 44 per cent off peak pricing, says the company.

Resort Equities has ownership interests available in two and three-bedroom residences in the heart of the Village at Northstar. Ownership includes an in-residence membership to the exclusive Tahoe Mountain Club and offers families an average of six weeks usage each year plus exchange privileges. Deeded, 1/8th ownership interests start at $150,000.

www.resortequities.com

08/09/10

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